pricing: Pricing a Home to Sell vs. Overpriced Homes
- 02/05/10 07:32 AM
The Dangers of Overpricing You want your sellers to get the best possible price for their property. However, when a home is priced too high for the market, you'll see what happens:
Pricing a Home to Sell vs. Overpriced Homes
The overpriced home may attract lookers, not legitimate buyers. The price may imply to buyers that the sellers aren’t motivated to sell. An overpriced home reduces the number of showings. When overpriced the home helps the competition (other homes) look better. If a home doesn’t appraise at the higher price, a buyer may not be able to secure a (4 comments)